Read in the Digest:
Cardano’s mainnet ‘Vasil’ hard fork launch delayed for weeks.
Zipmex files for bankruptcy in Singapore, succumbing to pressure from crypto winter.
Celsius warns users of potential phishing attacks amid email leak.
Bitcoin and Ethereum Rally After Interest Rate Hike – $1.76B Options Expiry Looms
Bitcoin has lead the crypto market into its second consecutive day of gains, in stark contrast to the downtrend many analysts had expected to follow the Fed’s announcement of a 0.75 point hike in interest rates.
Bitcoin has gained in value by more than 17% over the last three days, which saw the world’s largest crypto trade at as high as $24,294 for the first time in six months. According to CoinGlass, the rally liquidated more than $300 million in trading positions over the course of the last day.
The 3 day price chart for Bitcoin (BTC). Source: CoinMarketCap
Ethereum (ETH) has also continued its strong uptrend, gaining 5% to break past the $1,770 level earlier today,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...